Solutions with teeth

Global Dental Services, Speedoc, SIMR, and more companies raised funding this week. [Read from your browser]( FOMO Saturday Welcome to Tech in Asia's free Saturday VC newsletter! Get full access to our subscribers-only premium content and other insightful analysis on the big and messy topics of Asia’s tech and startup community by [registering here](. --------------------------------------------------------------- Hello {NAME} To paraphrase a meme: If I had a dollar for each time I write - in today’s newsletter - about a company that offers dental solutions, I’d have two dollars. Which isn’t a lot, but it’s strange that it happened twice. Global Dental Services and Imagoworks are the firms in question, but healthtech in general is getting a boost: Speedoc and SIMR also closed funding deals this past week. If this all leads to better and more accessible healthcare for everyone, sign me up to write about teeth every week. You can find all other important investment deals that happened in the last few days in our [weekly funding news wrap-up](. Let’s dive into the biggest deals and M&As that recently took place. -- Winston  --------------------------------------------------------------- THE BIGGEST DEALS BY COUNTRY  🇮🇳 Global Dental Services: The India-based dental network has raised US$66 million in a round led by Investcorp. 🇸🇬 Speedoc: The Singapore-based firm, which sends doctors and nurses on house calls and provides medication delivery services, [has bagged US$28 million]( in a pre-series B fundraise. The participating investors include Shinhan Venture Investment, Mars Growth Capital, Vertex Ventures SEA & India, and Bertelsmann India Investments. 🇨🇳 SIMR: The Chinese innovation-oriented biopharmaceutical company dedicated to the discovery and development of new drugs for pain, inflammation, and diseases related to the central nervous system has closed a US$20.7 million series C round. Investors include Tian Rui Feng Nian Private Fund, Huarui, and Guanzi Venture Capital. 🇰🇷 Imagoworks: This South Korean firm offers a web-based dental computer-aided design solution using AI, streamlining the digital workflow for dental professionals. It has raised US$8 million in series B funding from investors including Company K Partners, KB Investment, and InterVest. 🇮🇩 Broom: This Indonesia-based automotive financing startup that gives vehicle dealers access to short-term loans has [secured a US$6 million debt facility]( from DBS Indonesia. Here’s the complete list of this week’s funding chart: [109 deals worth over US$510 million](.  ---------------------------------------------------------------  STARTUPS THAT ARE RAISING FUNDS Fundraising is hard. To make things slightly easier, we’ve compiled this list of fundraising startups for our subscribers. Do you run a startup that’s raising at the moment or know someone who does? Sign your company up for listing [here](. 🇮🇩 Bursa Hukum is a marketplace platform that provides various legal services in Indonesia. 🇧🇩 PriyoShop is a Bangladeshi on-demand B2B marketplace that connects brands directly to micro-merchants, plugging gaps in fragmented supply chains. 🇸🇬 Works is an AI-driven Web3 work platform that enables companies to find and hire the world's best tech talent remotely and on demand. The Singapore-based firm uses AI to drive talent clouds and bridge language gaps while adopting Web3 to incentivize network growth. You can find the full list of fundraising startups in Asia [over here](.  ---------------------------------------------------------------  KILLER PITCH DECKS 1️⃣ This pitch deck was credible enough to close a US$9 million series C CredAble is an India-based fintech firm that offers working capital financing across enterprise ecosystems. This [pitch deck]( which helped it secure US$9 million in series C funding, succinctly illustrates CredAble’s addressable market before giving a comprehensive breakdown of the firm’s services. 2️⃣ An experiential VR startup used this deck to bag US$68 million in series A money Hong Kong-based Sandbox VR enables groups of up to six individuals to see and physically interact with each other in a virtual reality experience. The startup used [this pitch deck]( to help it secure US$68 million in its series A round in 2019. The pitch deck starts with detailing the disappointments and challenges that the VR industry faces then describes the future opportunities in the market. 3️⃣ This pitch deck helped a Sequoia-backed startup secure US$60 million in series C funding Ethos, a US-based insurtech startup, uses machine learning and data science to underwrite life insurance policies. It used [this pitch deck]( to raise US$60 million in its series C round. The pitch deck introduces Ethos’ vision and roadmap, which is geared toward untangling problems in the insurance industry. The presentation then explains how the company’s services simplify the insurance application process.  --------------------------------------------------------------- EXCLUSIVE LISTICLES Lists of most active investors in the region [China]( | [India]( | [Indonesia]( | [Japan]( | [Singapore]( | [Southeast Asia]( List of top-funded startups in Asia [China]( | [India]( | [Indonesia]( | [Israel]( | [Japan]( | [Hong Kong]( | [Singapore]( | [South Korea]( | [Vietnam](  ---------------------------------------------------------------  THOUGHTFUL READS  1️⃣ How to do layoffs right Meta, formerly known as Facebook, is the latest big-name firm to announce mass layoffs, with 11,000 people - 13% of its workforce - exiting this past week. It’s a tough time, and companies should do everything in their power to make the communication of such bad news [as compassionate as possible](. 2️⃣ Pay the maker Union Square Ventures’ Fred Wilson is talking about NFTs - specifically, the issue of creator royalties. He [makes the case]( for the royalties on future sales to make their way to the token’s creator. 3️⃣ Subscription models for everyone? [This post on the a16z website]( makes the case for paid membership programs for businesses of all sorts - including social media. 4️⃣ Branding never stops [In this episode]( of Masters of Scale, Warby Parker co-founders and co-CEOs Neil Blumenthal and Dave Gilboa talk about how to articulate brand values clearly while also reacting quickly to customer feedback. Turns out, branding is a constant conversation between a business and its customers. 5️⃣ Time to hunker down It’s no secret that we’re in a tech winter right now. [This article]( from Harvard Business Review brings up five tips for startups so that they can face the upcoming recession head-on.  --------------------------------------------------------------- [ADVERTISE]( | [SUBSCRIBE]( | [HIRE]( | [FIND JOBS]( P.S. Don't miss out on the biggest tech news and analysis. Add newsletter@techinasia.com to your address book, contacts, or safe sender list. Or simply move us into your inbox. Too many emails? Switch to a different frequency or get new content through our [preference center]( or [unsubscribe](. You can also break our hearts and remove yourself from all Tech in Asia emails over [here](  ---------------------------------------------------------------  Tech in Asia’s newsletters are handcrafted daily with love - and sometimes powered by good kopi. Today’s edition was written by Nathaniel Fetalvero. It’s edited by Eileen C. Ang. Copyright © 2022 Tech in Asia, All rights reserved. 63 Robinson Road, Singapore 068894